Slim Shady financing on April 15, 2020...DASHYou want more poor management shady deals....look no further....$4 million credit line with no set price of share value or warrant value. Here is the biggest slim shady..DISCOUNTS 15% to 25% ....when apon draw....last 30 days...last 90 days....average price since writting financing....like i said poor managment with no end in sight. Just giving shares away at "Whatever the price is". Shareholders left holding the bag...TRUTH HURTS
VANCOUVER, April 14, 2020 – Neptune Dash Technologies Inc. – (the “Company” or “Neptune”) (TSX.V:DASH) (OTC:NPPTF) (FSE:1NW) is pleased to announce that the Company has entered into a non-binding agreement for a draw-down equity facility (the “Facility”) of up to $4,000,000. The agreement provides for equity private placement offerings (the “Offerings“), to be conducted between Neptune and Alumina Partners LLC, a New York-based private equity firm, in draw down amounts at the sole discretion of the Company, of up to $250,000. Pursuant to the terms of the Offerings, Alumina Partners will commit to purchase up to $4,000,000 of units of the Company (the “Units“), consisting of one common share (the “Shares“) and one common share purchase warrant (the “Warrants“), at discounts ranging from 15% to 25% of the market price of the Shares, with each Offering occurring exclusively at the option of the Company, throughout the 24 month term of the agreement. The exercise price of the Warrants will be at a 25% premium over the market price of the Shares.